Search Results for: "finance"

'You have to be unpopular,' says Mboweni - who will be minister as long as Ramaphosa needs him
'You have to be unpopular,' says Mboweni - who will be minister as long ... Finance Minister Tito Mboweni says SA will not go to a sovereign debt crisis under his watch.
Watch Malaysian police use a steamroller to crush 1,069 bitcoin mining rigs worth $1.3 million
Watch Malaysian police use a steamroller to crush 1,069 bitcoin mining r... Police seized the rigs from miners who allegedly stole $2 million worth of electricity.
YOUR MONEY | Top 7 rules for healthy finances
YOUR MONEY | Top 7 rules for healthy finances Make these changes and you won’t be living paycheque to paycheque anymore
OPINION | Technology, healthcare and electrification: the offshore investing themes SA investors should capitalise on
OPINION | Technology, healthcare and electrification: the offshore inves... It’s always a good idea to diversify your equity assets offshore to gain access to fast-growing economies, global trends and often most importantly, some great sub-sectors not avail...
Bitcoin flashed widely followed technical sell signal called a 'death cross,' suggesting downside ahead
Bitcoin flashed widely followed technical sell signal called a 'death cr... The lagging crossover indicator can help alert traders to securities that are solidifying their uptrend and are likely to experience a continuation.
Trillions available to support the global energy transition - time to scale up investment
Trillions available to support the global energy transition - time to sc... There are trillions of dollars in the global economy which can be used to support a just energy transition, says an official from the African Development Bank.
Goldman Sachs has asked US employees to report whether they've had a Covid-19 shot by midday today
Goldman Sachs has asked US employees to report whether they've had a Cov... Goldman Sachs said it "strongly encourages" getting a Covid-19 shot, but that it's a "personal" choice.
Financial scandal: Malaysia gets Deloitte’s R1bn settlement, still in talks with KPMG
Financial scandal: Malaysia gets Deloitte’s R1bn settlement, still in ta... Malaysia received $80 million (about R1 billion) from Deloitte in settlement over the firm’s audit of 1MDB - one of the world's biggest financial scandals - and its finance ministry...
Survey shows trends for the auto trade
Survey shows trends for the auto trade The 12th annual Deloitte’s Global Automotive Consumer Study that was released this week has revealed several consumer trends and disruptive technologies that will impact the automot...
YOUR MONEY | 4 financial tips when getting divorced
YOUR MONEY | 4 financial tips when getting divorced Know what to look out for when you separate
Deutsche Bank must hire a woman for 50% of new senior roles to meet its 2025 gender target - report
Deutsche Bank must hire a woman for 50% of new senior roles to meet its ... Deutsche Bank wants women to make up 30% of senior executives by 2025. FT calculations suggest this means hiring a woman for half of new senior roles.
Ford stock is outperforming Tesla this year, and technicals suggest the trend could continue
Ford stock is outperforming Tesla this year, and technicals suggest the ... Ford's management team told JPMorgan that its research showed customers "wanted a product that looked like a truck, not a science experiment."
Discovery Bank Launches Charity Challenge
Discovery Bank Launches Charity Challenge Discovery Bank has launched a Charity Challenge in which its entire executive team, as well as Bank and Vitality ambassadors will go head to head to raise the most Discovery Miles f...
Provinces owe suppliers R3.2 billion in unpaid invoices - Mboweni
Provinces owe suppliers R3.2 billion in unpaid invoices - Mboweni The government still fails to pay its invoices within 30 days, with national government departments owing businesses more than R416 million and provincial departments more than R3.2...
Where will the money for new projects come from?
Where will the money for new projects come from? Investments in infrastructure decreased quite drastically over the past few years and it’s not difficult to guess why the state is spending so little. The private sector is a soluti...
The US Treasury wants every crypto transfer larger than $10,000 to be reported for tax
The US Treasury wants every crypto transfer larger than $10,000 to be re... "Cryptocurrency already poses a significant detection problem by facilitating illegal activity broadly including tax evasion," the US Treasury said.
Discovery Bank launches Referral Programme
Discovery Bank launches Referral Programme For Discovery, clients are their most important ambassadors
Five tips to help you save on current expenses
Five tips to help you save on current expenses Dhashni Naidoo, FNB Consumer Education Programme Manager, shares tips on how you can have a good handle on managing your expenses effectively, focus on your essentials and curb unne...
Bill Gates is US's biggest owner of private farmland, his 242,000 acres could be split in his divorce
Bill Gates is US's biggest owner of private farmland, his 242,000 acres ... Bill Gates owns farmland in 18 states from Washington to Florida. His divorce means he may not be the largest private-farmland owner for much longer.
Has the value horse bolted?
Has the value horse bolted? Over the course of the last 18 months, we’ve witnessed a very style-driven market. Initially, there was a growth-led market recovery in the second and third quarter of last year. We...
Deutsche Bank says it will let staff work from home 3 days a week when offices open
Deutsche Bank says it will let staff work from home 3 days a week when o... Deutsche Bank CFO James von Moltke told Bloomberg it would be "up to the employee" to arrange their remote-working days.
More than 440 finance firms are moving assets worth £900 billion to the EU post-Brexit
More than 440 finance firms are moving assets worth £900 billion to the ... Over 440 financial firms are moving offices, employees, legal entities and assets out of the UK after Brexit. Dublin gained most in the relocation.
Global investing – misdirection and market narratives
Global investing – misdirection and market narratives Following the Covid-related plunge, bond yields had been remarkably quiescent throughout the balance of 2020. Late last year, this was cited by many as non-confirmation of the recov...
Finance fatigue
Finance fatigue You take care of your mental and physical health, but what about your financial health? Elke Brink’s advice is going back to basics.
The secret to financial freedom
The secret to financial freedom It may seem like an impossible dream, but with careful planning, smart investments and savvy savings, financial freedom can be achieved by anyone.
20 horrific examples of how govt departments have been wasting taxpayer money
20 horrific examples of how govt departments have been wasting taxpayer ... Government departments have failed to recoup millions paid in error, and non-compliant tenders have wreaked havoc on service delivery.
Elon Musk slammed Warren Buffett's Texas power plan as 'crazy' - calls for the state to rely on Tesla
Elon Musk slammed Warren Buffett's Texas power plan as 'crazy' - calls f... Tesla Megapacks would be cheaper, more reliable, and work better than Buffett's emergency power plants, Musk said.
OPINION | Bank to the future: How our relationship with money is changing
OPINION | Bank to the future: How our relationship with money is changing Futures strategist and trend analyst John Sanei predicts how humans' relationship with money is likely to change in the years to come.
Credit Suisse loses R72 billion in market value after US hedge fund blows up
Credit Suisse loses R72 billion in market value after US hedge fund blow... The Swiss bank said the loss could be "highly significant and material" to its first-quarter earnings.
Goldman Sachs junior bankers describe 'inhumane' working conditions where they've no time to eat, shower
Goldman Sachs junior bankers describe 'inhumane' working conditions wher... Thirteen first-year analysts at Goldman Sachs described the steep mental and physical toll of high expectations, 100-hour weeks, and little sleep.
The Grayscale Bitcoin Trust is now the largest public holder of bitcoin, but competition is heating up
The Grayscale Bitcoin Trust is now the largest public holder of bitcoin,... The Grayscale Bitcoin Trust likely owns 700,000 bitcoin, which represents about 3.5% of total supply, Bank of America said in a note on Wednesday.
Emerging technologies are transforming the financial services sector globally
Emerging technologies are transforming the financial services sector glo... Emerging technologies are transforming the financial services sector across various business units – from creating new services and contributing towards client acquisition to spearh...
YOUR MONEY | Salary deductions: the cans and cant’s
YOUR MONEY | Salary deductions: the cans and cant’s Here are some types of deductions and the circumstances under which each is allowed by law.
Hedge funds in Singapore are training 16-year-old interns to manage the wealth of billionaires
Hedge funds in Singapore are training 16-year-old interns to manage the ... Multibillion dollar funds, family offices, and private equity firms have moved to the city state from parts of Asia, Europe, and the US.
Purchasing a car? Here are 10 vehicle finance terms you need to know
Purchasing a car? Here are 10 vehicle finance terms you need to know The financial jargon that comes with purchasing a vehicle can be difficult to understand and that's why professionals guide and assist consumers when purchasing a vehicle.
Msunduzi Municipality settles debt with Eskom, Umgeni Water is next
Msunduzi Municipality settles debt with Eskom, Umgeni Water is next Msunduzi has settled its R203,6 million debt with Eskom for bulk purchases and intends paying off what it owes Umgeni Water by the end of this month.
How Nedbank's ‘Tap-on-phone’ is empowering SMMEs with safe and secure contactless payments
How Nedbank's ‘Tap-on-phone’ is empowering SMMEs with safe and secure co... At the height of the global Covid-19 pandemic, Nedbank became the first bank to offer small, medium and micro enterprises (SMMEs) the ability to turn their cellphones into a payment...
Nedbank's ‘Tap-on-phone’ – a first in Africa - empowers SMMEs with safe and secure contactless payments
Nedbank's ‘Tap-on-phone’ – a first in Africa - empowers SMMEs with safe ... At the height of the global Covid-19 pandemic, Nedbank became the first bank to offer small, medium and micro enterprises (SMMEs) the ability to turn their cellphones into a payment...
Jack Ma is no longer China's richest person after his confrontation with the state's financial regulators
Jack Ma is no longer China's richest person after his confrontation with... He lost the top spot "after China's regulators reined in Ant Group and Alibaba on anti-trust issues," the Hurun Global Rich List said.
Can government turn the tide on the financial pressure South Africans are experiencing?
Can government turn the tide on the financial pressure South Africans ar... The effects of unemployment, currently at a high of 32%, have filtered into many levels of the economy, such as residential letting and the picture it paints is rather bleak, despit...
Dealing with emotional black tax
Dealing with emotional black tax An occasional emergency call from your family is fine but when it starts being a habit and they always need your attention and help, you may be paying emotional Black Tax unaware. Y...
Instagram's most popular financial meme account is run by an anonymous Wall Street banker
Instagram's most popular financial meme account is run by an anonymous W... The founder of "Litquidity" told Insider DraftKings, Virgin Galactic, and Penn have meme potential.
Budget gets nod from markets
Budget gets nod from markets The 2021 budget appeased business and financial markets but it was also an unpleasant shock to many.
Nedbank and Old Mutual power youth leadership through the Budget Speech Competition
Nedbank and Old Mutual power youth leadership through the Budget Speech ... Economics students from universities across South Africa showcased their aptitude for engaging in national conversations at the 49th Nedbank and Old Mutual Budget Speech Competition.
Gordon Ramsay's restaurants have lost $80 million during the pandemic - and that's just in the UK
Gordon Ramsay's restaurants have lost $80 million during the pandemic - ... Ramsay, who owns 35 restaurants worldwide, said the three lockdowns in the UK have caused "utter devastation" and have been "incredibly costly."
Time to abandon policies and ideologies that have not worked
Time to abandon policies and ideologies that have not worked The budget speech is around the corner. Andrew Duvenage gives his take on what government should do.
Tesla's stock is now 'heavily tied' to the fate of bitcoin after a $1.5 billion purchase
Tesla's stock is now 'heavily tied' to the fate of bitcoin after a $1.5 ... "There is a lingering worry that the bitcoin sideshow could overshadow the overall EV growth story playing out for Tesla in 2021 and beyond," Wedbush analyst Dan said.
Uber drops 4% after the UK Supreme Court rules that some drivers are workers, not contractors
Uber drops 4% after the UK Supreme Court rules that some drivers are wor... The ruling could have wide ramifications for workers and companies within the gig economy across Europe.
The ship has not yet sunk
The ship has not yet sunk The tide can be turned if the finance minister heeds the advice of the National Planning Commission.
Businesswoman Amanda Dambuza’s top five secrets to success
Businesswoman Amanda Dambuza’s top five secrets to success As a young hopeful girl who suffered abuse and rejection, Amanda Dambuza always knew she'd persevere and end up a winner and helping other is her way of giving back.